Stock calls for 17 August 2020

Date	Analyst	Company	Last	Target	Call	Valuation
08/17/20	Phillip	APAC Realty	0.375	0.365	Neutral	DCF
08/17/20	DMG & Partners	Bumitama	0.51	0.65	Buy	PER11x FY21
08/17/20	Kim Eng	Bumitama	0.51	0.74	Buy
08/17/20	phillip	Comfortdelgro	1.39	1.65	Accumulate	DCF
08/17/20	UOB Kay Hian	Comfortdelgro	1.39	1.78	Buy
08/17/20	DBS Vickers	Comfortdelgro	1.39	1.63	Buy	PER15x FY21
08/17/20	DMG & Partners	Comfortdelgro	1.39	1.55	Buy	DCF, PER17.6x FY21
08/17/20	CIMB	Comfortdelgro	1.39	1.4	Hold
08/17/20	Kim Eng	Comfortdelgro	1.39	1.76	Buy	DCF
08/17/20	CIMB	First Resources	1.38	1.8	Add
08/17/20	DBS Vickers	First Resources	1.38	1.7	Buy	DCF
08/17/20	DMG & Partners	First Resources	1.38	1.45	Neutral	PER14x FY21
08/17/20	UOB Kay Hian	First Resources	1.38	1.65	Buy
08/17/20	Kim Eng	First Resources	1.38	1.79	Buy	PER18x FY20
08/17/20	Amfrasers	Frencken	1.04	1.21	outperform	PER12x FY21
08/17/20	DMG & Partners	Fu Yu	0.24	0.3	Buy	DCF
08/17/20	DBS Vickers	Fu Yu	0.24	0.27	Hold	PER12.6x FY21
08/17/20	Lim & Tan	Fu Yu	0.24	0	Buy
08/17/20	DMG & Partners	Golden Agri	0.154	0.13	Sell	Sum of parts
08/17/20	CIMB	Golden Agri	0.154	0.12	Reduce
08/17/20	CIMB	Koufu	0.685	0.86	Add
08/17/20	Lim & Tan	Overseas Edu	0.29	0	Buy
08/17/20	phillip	Propnex	0.59	0.7	Buy	DCF
08/17/20	UOB Kay Hian	Sasseur	0.775	0.99	Buy	DDM
08/17/20	DBS Vickers	ST Engineering	3.39	3.4	Hold	Sum of parts, Buy @ below $3.10
08/17/20	UOB Kay Hian	ST Engineering	3.39	3.4	Hold	Buy @ $3.15
08/17/20	CIMB	ST Engineering	3.39	3.76	Add
08/17/20	OCBC	ST Engineering	3.39	3.9	Buy
08/17/20	Amfrasers	Sunpower	0.575	0.91	outperform
08/17/20	DMG & Partners	Thai Beverage	0.605	0.72	Buy	Sum of parts
08/17/20	CIMB	Thai Beverage	0.605	0.7	Hold
08/17/20	Amfrasers	Thai Beverage	0.605	0.93	Outperform
08/17/20	Amfrasers	UMS	1.08	1.17	Neutral	PER13x FY21
08/17/20	UOB Kay Hian	Venture	20.25	17.64	Hold	PER14.4x FY21, Buy @ $16